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Summary sheet

Release date
7 March 2013
Status
Reference
Approved | 26/10/2012
20100636
Project name
Promoter - financial intermediary
ZAHONY RAIL INFRASTRUCTURE
Hungary represented by the National Development Agency
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 10 million
EUR 72 million
Location
Sector(s)
Description
Objectives

The project comprises the rehabilitation of 43 km wide-gauge main railway track system and the hauling tracks in region of Záhony area in Hungary as well as the rehabilitation of other tracks in Eperjeske marshalling yard and the rehabilitation of the relating signalling equipment, including the corresponding power supply, outdoor lighting, telecommunication and switch heating works.

The project is related to the European Agreement on Main International Railway lines (AGC) and in particular to the European agreement on important international combined transport lines and related installations (AGTC). Rehabilitation of the line will eliminate speed limited sections along the route. This will increase freight transport as well as intermodal flow of goods received on international routes, including extra-Community routes. Volume of goods transported by rail within the internal market will also grow.

Environmental aspects
Procurement

A strategic environmental assessment was prepared for the Záhony region in 2007. The project falls under Annex II of the EIA Directive and was screened out by the Competent Authority on the basis of the preliminary environmental impact study carried out. The Competent Authority also confirmed that the project will not have any significant impact on declared Natura 2000 sites.Compliance with environmental legislations will be verified during appraisal.

The Promoter is subject to and follows EU Directives on procurement procedures (in this particular case, Directive 2004/18/EC), including publication in the Official Journal of the European Union (OJEU), that have been transposed into national legislation. All contracts over the relevant EC directive thresholds have been put out to international tendering, with publication of notices in the OJEU. The procurement process will be verified during appraisal.

Related projects
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - ZAHONY RAIL INFRASTRUCTURE
Publication Date
10 Jun 2016
Document language
Main Topic
Lending
Document Number
66971576
Document Focus
Environmental Information
Project Number
20100636
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ZAHONY RAIL INFRASTRUCTURE
Publication Date
30 Jun 2016
Document language
Main Topic
Lending
Document Number
67372692
Document Focus
Environmental Information
Project Number
20100636
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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